- February 21st, 2025
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A consortium led by billionaire Elon Musk announced on Monday an offer of $97.4 billion to acquire the nonprofit organization controlling OpenAI. The offer comes amid ongoing legal tensions between Musk and OpenAI CEO Sam Altman, underscoring a deepening rift...
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China announced a sweeping set of retaliatory measures on Tuesday targeting major US businesses, including tech giant Google, farm equipment manufacturers, and fashion conglomerate PVH Corp, the owner of brands such as Calvin Klein and Tommy Hilfiger. The move came...
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Beijing Announces Immediate Countermeasures Following Trump's New Tariff Hike China's Ministry of Finance announced a sweeping set of tariffs on key US exports on Tuesday in swift retaliation to the 10 per cent tariff imposed on Chinese goods by US...
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U.S. President Donald Trump announced a one-month delay on imposing 25% tariffs on imports from Canada and Mexico. The announcement sparked optimism among traders, leading to a rise in copper and zinc prices, while dragging the U.S. dollar lower. This...
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Markets React to Optimism Over Temporary Respite from Trade War Escalation The Canadian dollar, Mexican peso, and euro remained steady against the U.S. dollar on Tuesday, following a tumultuous Monday marked by a sharp rebound from multi-year lows. The market...
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Markets Rebound Amid Optimism Over US-China Negotiations Asian shares surged, and US futures saw positive momentum on Tuesday following President Donald Trump's announcement to delay tariffs on Mexico and Canada for a month while holding further trade discussions with China....
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With mere hours left before a 10% tariff on Chinese imports was set to take effect, President Donald Trump revealed on Monday that his administration is planning to engage in discussions with Beijing, raising the possibility of a last-minute reprieve....
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OpenAI, the U.S.-based artificial intelligence leader behind ChatGPT, and Kakao, South Korea's dominant chat app operator, announced on Tuesday a strategic partnership aimed at jointly developing AI solutions tailored for the Korean market. The collaboration promises to bring advanced generative...
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Stock Markets in Europe and Asia Tumble Amid Growing Trade War Fears Shares across European and Asian markets suffered significant losses on Monday following US President Donald Trump's announcement of sweeping tariffs on Canada, Mexico, and China. Trump further stated...
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